Tether acquires 8.2% stake in partner firm Antalpha

Stablecoin issuer Tether has acquired an 8.2% stake in its partner company, Antalpha, Synergymag reported. According to a filing with the U.S. Securities and Exchange Commission (SEC) today, a Tether affiliate and Chairman Giancarlo Devasini hold a total of 1.95 million shares in Antalpha. The company previously raised approximately $49.3 million through an initial public offering.